Good news for filmmakers heading to Sundance next week. A new infographic from Entertainment Media Partners highlights some key data associated with The Sundance Film Festival and estimates that four out of five of the Sundance films (or 100 out of 124 features) will land a distribution deal.
“By analyzing big data related to Sundance, the festival’s continued importance to the independent film community is obvious,” said Adam Leipzig, CEO of Entertainment Media Partners, “and we are able to identify key trends and opportunities in independent filmmaking.”
Entertainment Media Partners has visualized data for how many films are submitted and accepted, investment levels in films, how many people work on Sundance films, box office numbers with films that have sold for the most money at Sundance, how much money opening night films made at the box office and more.
In a news release, Leipzig highlighted key findings (via Entertainment Media Partners):
— The chances for a film getting a distribution deal at Sundance have never been better. Approximately 100 films will get distribution deals this year and most will be on VOD platforms.
— The amount of financial investment in all the feature-length films submitted to Sundance is $4.65 billion.
— 2,309 dramatic features were submitted to Sundance this year, along with 1,796 documentary features.
— The estimated average budget for indie dramatic features at Sundance is $1.7 million and the estimated average budget for documentary features is $400,000.
— More than 410,000 people worked on all of the films submitted to Sundance this year, a number that rivals the population of Atlanta.